Simple and Compound Interest – SSC CGL Mock Test

The simple interest on a sum of Rs. 50,000 at the end of two years is Rs. 4,000. What would be the compound interest on the same sum at the same rate for the same period?

The simple interest on a certain sum at the end of three years at 5% p.a. is Rs. 1,200. The compound interest on the same sum for the same period at the same rate is (interest compounded yearly).

A sum invested at compound interest amounts to Rs. 7,800 in 3 years and Rs. 11,232 in 5 years. What is the rate per cent?

A sum of money is invested at 20% compound interest (compounded annually). It would fetch Rs. 723 more in two years if interest is compounded half-yearly. The sum is

The rate of simple interest on a sum of money is 5% p.a. for the first 4 years, 8% p.a. for the next 3 years and 10% p.a. for the period beyond 7 years. If the simple interest accumulated by the sum over a period of 10 years is Rs. 1,850, then the sum is:

What is the compound interest (in Rs.) for 1 year on a sum of Rs. 20000 at the rate of 40% per annum compounding half yearly?

The compound interest earned in two years at 8% per annum is Rs. 4160. What is the sum (in Rs.) invested?

At what rate percent per annum will Rs. 7200 amount to Rs. 7938 in one year, if interest is compounded half yearly?

What is the compound interest on a sum of Rs. 10,000 at 14% p.a. for $2\frac{5}{7}$ years where the interest is compounded yearly?

If the compound interest received on a certain amount in the 2nd year is Rs. 1200, what will be the compound interest (in Rs.) for the 4th year on the same amount at a 10% rate of interest?